I've heard time and time again that value add multi-families are one of the best vehicles to build wealth. Look for properties with tired landlords who are losing money if possible. How are you valuing a property with...
Hey fellow BP members,
I'd like some advice on a wholesale deal I just got under contract.
What exactly are landlords in this area going after in terms of cap rate ?
I have a Quadplex in this area under contract an...
Call up your mortgage broker! Get your documents together!Average 30yr mortgage rates have dropped from around 4.0% at the end of 2015 to below 3.6% being quoted today. That's 40bp in a little over a month! We are now...
Hello All,If there are any Idaho or other investors out there in the McCall or Donnelly market, I'd love to get your take on the potential that either of these towns has or any other information you might be able to s...
One of the things that I've done in the past is to pool my properties of small multi family along with other landlords to cut the cost of servicing them or improving them. I want to try to grow this group even larger...
I have an offer on a multi with two 2 bedroom apartments and 4 rooms. The building is empty due to management issues with the owner and is in fairly decent shape except for one apartment that will need some cosmetic ...
Hi everyone,
We removed dishwashers as the consensus and my experience is that they are too much trouble for our units in a low-income area. So in re-tiling the kitchen, the tile guy tiled over the raised area that t...
Hello,
I am a new investor and I am looking for advice on what to do with my second investment property (House Hack / BRRR). Specifically, I am weighing my options and trying to figure out if I should keep my proper...
Hi, I would love some insight and perspective on an issue related to early lease termination.Our tenant, a military family, told us at the end of December, a bit less than 4 months after they moved in, that they had g...
I'm trying to understand which areas of Buffalo,NY have rising rents and higher demand.